09:53 AM EST - Athabasca Oil Corporation : announced the sanction of its Hangingstone 1 SAGD Project and reaffirms that its Light Oil Division is on track to meet its year-end production target of 10,000 to 11,000 barrels of oil equivalent (boe/d). In response to achieving these significant corporate milestones, the Board of Directors announces executive appointments, effective immediately, to bolster the Company's transformation to an exploration and production (E&P) company. Athabasca Oil Corporation
shares T.ATH are trading down $0.11 at $10.59.
